Czech Republic: University of Economics

This program is not being offered for spring 2023

The University of Economics in Prague (VSE) is one of the top universities for management and economics studies in the Czech Republic. With a student population of over 19,000 graduate and undergraduate students and roots dating back to 1919, the University of Economics has gained prominence in Central Europe for its research and extensive network of international partners.

Prague is widely considered to be one of Europe’s most beautiful cities. You’ll enjoy the city for its scenery, activities, affordability and accessibility to other points of interest in Europe. Prague has a population of over 1.3 million and is a major cultural and economic center in the region. There are many historical and cultural sites to visit as well as galleries, museums, and shopping.

Quick Facts & Links

GPA Requirement: 3.00
Program Options: Exchange
Language of Instruction: English
Program Dates:
- Fall: September 12 to December 23, 2022
- Spring: February 6 to June 23, 2023 (final exam period May 15 – June 23)
Check out a day in the life of an exchange student at VSE
Visit the VSE Incoming Exchange Students website for more information
Meet program alumni
Accessibility Resources

Application Information

Apply for a Kenan-Flagler Global Program and Global Programs scholarship through the same application system using your Kenan-Flagler credentials. Click the Apply Now button below to learn more about application deadlines, requirements, and to start your application!

Apply Now

Program Logistics

Academics

Please visit Global Academic Procedures for detailed credit and other academic information.

At VSE, you will take a variety of business elective courses for credit toward your undergraduate business major or minor. VSE does not offer courses equivalent to Kenan-Flagler’s undergraduate core courses. VSE offers courses in business administration and economics. To receive business elective credit, students must take business administration (not economics) courses.

Courses taken at the University of Economics will transfer back to UNC Pass (VSE grade of 3 and above)/Fail (VSE grade below 3). Pass grades do not affect your UNC GPA. Fail grades transfer back to UNC as Fs, which will affect your UNC GPA. Though transfer credit for this program is Pass/Fail, future employers and graduate schools will also look at the VSE transcript, so grades are important.

You will transfer back .6 UNC credits for every 1 ECTS credit (meaning that a 5-credit ECTS course transfers back as 3 UNC credits). You are expected to take at least 20 ECTS credits (worth 12 UNC credits) total during the semester. If you earn a 3 or above in all courses, you will receive a total of 12-18 UNC credits for your semester abroad, depending on how many ECTS credits you take (between 20-30 ECTS).

This program also fulfills the Experiential Education requirement. Full-time enrollment in this program is defined as a minimum of 12 credit hours.

Housing

Program Cost

We suggest you create your global program budget using our budget worksheet (xlsx) to help you think about your costs on this program:

Populate the figures from the tables below into the left side costs of attendance
Input your financial resources on the right

Your customized budget sheet can help determine your current financial status, and help you understand what additional funding you may need to help make this an affordable program option.

Cashier Billed Expenses*
Expense	Estimated Amount
UNC Tuition and Fees	Use the amount on the Tuition and Fees line and divide by 2 to get your cost
Fee UG Business Major/Minor	Based on major/minor enrollment
Global Programs Administrative Fee	$700
GeoBlue International Medical Insurance	$150

*Cashier Billed Expenses are those charges billed directly to your UNC ConnectCarolina account.

Out of Pocket Estimates**
Expense	Estimated Amount
International Airfare	$1,100
Housing	$1,000
Meals	$2,500
Immigration Visa/Residence Permit	$150
Passport Application Renewal	$145
Course Materials	$100
International Cell Phone Plan	$350
Personal Expenses
Travel Insurance	$400
Local Transportation	$50
Miscellaneous	$2,400


Other Personal Expenses***

Total Estimated Expenses (In-State):	$14,554
Total Estimated Expenses (Out-of-State):	$28,045

Withdrawal Policy: Once a student accepts their offer/enrolls on a study abroad program, the spot will be considered filled and will not be offered to another student. Students who withdraw from UBP Global are responsible for non-recoverable costs including the Global Programs Administrative Fee. Your student account will be assessed charges to cover any/all amounts that Kenan-Flagler UBP Global programs has committed or paid on your behalf and are non-recoverable at the time of withdrawal. Such costs include, housing, meals, transportation and any expenses that may be associated with faculty and support participation on your program (if applicable).

**Out of Pocket Estimates are based on the cost of the program, which is determined by combining the average costs our previous students have spent in each of these categories, along with the costs our partner provides to us as their averages. These estimates are subject to change based on exchange rate fluctuations, bank fees, and individual variances in costs of living.

***Other Expenses: our budget worksheet (xlsx) also has a place for you to input other expenses outside of the out-of-pocket estimates that you may incur, such as attending concerts or sporting events.

Funding your global program

Scholarships & Financial Aid

Travel Documents

Do you have a valid passport? If yes, check your passport’s expiration date to ensure that your passport is valid at least 6 months after your program’s scheduled end date. If not, you’ll need to submit a passport renewal application.

Do you need to apply for a passport (first time or renew)? If yes, we recommend that you get started on your passport application right away as you’ll need time to collect documents like your birth certificate to include as part of your application. For complete instructions click here.

Will I need immigration documents? If you are accepted into this program you will need to travel to a Czech consulate/embassy in the United States to obtain a visa permitting you to study in Czechia. For this appointment, you will need your passport in hand along with other documentation from our office and the host university office. Please set up an appointment with your Global Programs Advisor to discuss.

Meet with an Advisor

UBP students can schedule a meeting with Angela Bond to learn more about this and other Semester programs in Europe by clicking on the “Schedule Appointment” link below.

Schedule Appointment

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